Accountancy, asked by vedika9512, 1 year ago

What is the rate of simple interest at which rs. 14,000 gives interest of rs.1960 in two years?

Answers

Answered by Abhishek63715
12
simple interest = P×R×T/100
= 14000×r×2/100
r= 7℅per anuum.
Answered by JackStabber
0

Answer:

Explanation:

simple interest = P×R×T/100

= 14000×r×2/100

r= 7℅per anuum.

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